Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
SpaceConnect from Leuven, company number BE0466564060, closed financial year 2023 with a result of € 65,721 after tax. For that financial year SpaceConnect recorded a gross margin of € 261,225 and equity of € 299,491. Compared with financial year 2022, the result moved from € 49,959 to € 65,721. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 5, 2024.
€ 299,491
▲ 28% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,721
▲ 32% vs 2022
Profit after tax over the fiscal year.
€ 95,459
▼ 47% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 171,491.
People and assets in 2023
€ 1,000
▲ € 895 vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 93,503
▼ 10% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 24,491
▼ 45% vs 2022
€ 17,091 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 164,095
▼ 52% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 37,818
▼ 51% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 166,920 | € 168,014 | € 261,225 | ▲ 55% |
| Profit after taxes | € 108,946 | € 49,959 | € 65,721 | ▲ 32% |
| Equity | € 183,812 | € 233,771 | € 299,491 | ▲ 28% |
| Total debts | € 537,932 | € 585,519 | € 342,025 | ▼ 42% |
| Cash | € 81,085 | € 180,727 | € 95,459 | ▼ 47% |
| Land & buildings | € 12,880 | € 6,249 | € 2,196 | ▼ 65% |
| Retained profit | € 55,812 | € 105,771 | € 171,491 | ▲ 62% |
| Bank debt | € 32,902 | € 44,261 | € 24,491 | ▼ 45% |
| Balance sheet total | € 721,744 | € 819,290 | € 641,516 | ▼ 22% |
Key figures of SpaceConnect, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to SpaceConnect?
What happened at SpaceConnect in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 65,721 (▲ 32% vs 2022). filed late Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,946 profit in 2021 to € 65,721 profit in 2023.
Paid € 86,734 in corporate taxes since 2021.
Best year ever: 2021, with € 108,946 profit.
Management
Behind SpaceConnect are Fre DE PEUTER and Willem DE PEUTER. The same people are also behind ECO HEATING CENTER.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Sint-Jansbergsesteenweg 415
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
LEASEWEB-NL-AMS-01 Netherlands, NL
Domain
Domain
spaceconnect.com
Registered
1999-03-29
Registrar
GoDaddy.com, LLC
Expires
2027-03-29
Website info
Features
Security
Details
- Company number
- 0466.564.060
- VAT number
- BE 0466.564.060
- Registered office
- Sint-Jansbergsesteenweg 415, 3001 Leuven
- Names & denominations
- SpaceConnect
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 1999
- Peppol
- Active · Active since 3 Mar 2025
- Contact
- spaceconnect.com
- Activities · NACE
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Technische studiën en ingenieursactiviteiten
Installatie van isolatie
Overige vormen van onderwijs
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Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Isolatiewerkzaamheden